Daily Current Affairs UPSC: News Based MCQs Quiz | 20th January 2026

Arrange the following statements relating to open market operations in the correct sequence.

1. There by resulting in an increase in money supply

2. Central bank pays for it by giving a cheque

3. Central bank buys a government bond in the open market

4. This increases the total amount of reserves in the economy

Choose the correct answer from the options given below:

A. 1, 2, 3, 4

B. 2, 1, 3, 4

C. 4, 3, 2, 1

D. 3, 2, 4, 1

Consider the following in context of Kaziranga National Park:

1. It was formed in 1908.

2. The park was declared as a World Heritage Site by UNESCO in 1985.

Which of the statements above is or are correct?

A. 1 only

B. 2 only

C. Both 1 and 2

D. None of the above

Consider the following in context of Mamallan:

1. Narasimhavarman I was a Hindu and a great devotee of Shiva.

2. Hiuen Tsang was the contemporary traveller during his reign.

Which of the statements above is or are correct?

A. 1 only

B. 2 only

C. Both 1 and 2

D. None of the above

Consider the following in context of IMF:

1. The IMF’s resources mainly come from the money that countries pay as their capital subscription.

2. The IMF is governed by and accountable to 120 countries currently.

Which of the statements above is or are correct?

A. 1 only

B. 2 only

C. Both 1 and 2

D. None of the above